Leading the way down was the resource-laden materials
sector, which sank 4.5 percent, falling along with a slump in
metals prices. Yamana Gold YRI.TO fell 68 Canadian cents, or
6 percent, to C$10.41.

Gold was sliding due to a rally in the U.S. dollar, said
Andrew Martyn, portfolio manager at Davis-Rea.

"People are trying to get their head around what to do,
essentially, with the U.S. dollar," Martyn said. "Is this just
a one-time blip and we're going to head back in the other
direction, or is this a continuous trend?"

The S&P/TSX composite index .GSPTSE was down 137.39
points, or 1.03 percent, at 13,204.35, with six of its 10 main
groups lower.
Continued...